Updating your expense reporting process isn’t a top priority for most companies. That’s because many business leaders and other stakeholders don’t realize how fixing expense reporting will positively affect many other aspects of their business. But how do you get everyone else on board? Download this business case guide to learn how to secure buy-in ...
People and companies are adapting to a changed and reimagined world and there is an increasing need to rewrite the rules of business. This requires a new playbook – from shifts in budget priorities, to more seamless policies and flexibility for employees. A panel of experts tackle today’s most pressing questions on how to navigate ...
Commitment to growth takes a commitment to continuous improvement. As you evaluate you manage the systems and protocols you have in place to manage spending, it’s critical that you consider the policies and processes that keep your bottom line in line while protecting your company and its people. Compliance rules and restrictions might keep changing, ...
In today’s fast-paced business world accounts payable (AP) is so much more than just paying vendor invoices. Accounts payable can be a strategic arm of the business that helps you manage cash flow, save money, and even take advantage of business opportunities. Gaining visibility and automating your accounts payable processes puts you in control of ...
As economic conditions change, the way your business spends money – and who spends it – is always changing. New goals, business needs, clients, and other pressures mean more employees spend more money, resulting in more expense reports. So how do you ensure the workflows and systems processing your reports are up to par? And ...
Creating a policy for managing invoices may seem time-consuming initially, but in the absence of a policy, organizations are operating in the wilderness without a map. Once created and enforced, an effective invoice management policy can greatly reduce the amount of time related to the tasks of approving and processing vendor invoices, addressing exceptions, and ...
A successful CFO stays abreast of financial technology trends, and how they will impact their organization both now and in the future. Get informed with this SAP Concur sponsored CFO whitepaper. You’ll learn about the 5 latest trends in fintech that should be on any CFO’s radar. By applying these CFO trends strategically to your ...
Does your organization have a travel and expense policy? If so, how effective is it? How accessible and visible is your policy to your employees? A current, definitive and simple policy is crucial to any business no matter what the size. A clear policy guides employee spending and reduces traveler friction while maximizing organizational cash ...
Spend Management is the planning, process, and system of managing business dollars to positively affect the production of products and services. Spend management usualy includes processes relating to procurement, supply chain management, and outsourcing. Optimal spend management relies on the ability to understand and control company spend through automation tools and analytics. Steps to Strategic ...
Creating an expense policy can be a time-consuming process, but when you consider that almost 20% of T&E expenses fall outside of policy it makes sense to invest the time and effort. This template walks you through how to build a best-practice expense policy and also explains what each section should cover. In the template ...